Greek Economy

The initial plan was for workers to be tested twice weekly, with the government and the employer each paying for one weekly test. That stirred a backlash from employers who do not want to pay.

Goldman Sachs estimates that the Greek economy is expected to gain momentum, with a boost from the resources of the Recovery Fund, after the submission of the “Greece 2.0” plan.

The US ambassador noted the importance of the military relationship and common geopolitical objectives and was clear regarding the aim of curbing Chinese influence in Greece.

The last, best hope for the Greek economy according to most analyst is the disbursal of Athens’ share of the EU Pandemic recovery fund, which amounts 32.1bn euros,

In the midst of the tempest caused by the unprecedented public health crisis, we are witnessing in public life the prevalence of small but entirely irrational civil wars.

Citizens realise that in the current transitional phase and until the vaccination rollout has been completed caution, vigilance, and systematic preparation is required.

The limiting of the total consumer expenditures combined with an environment of uncertainty and the government's bolstering of available income led to a rise in the deposits

It is encouraging that despite the fact that the pandemic is in full swing the economy exhibited some positive signs with the help of fiscal support measures.

The ministry of development has already prepared the NSRF plan for EU funding for the 2021-2027 period. Along with national funding, 24bn euros will be made available .

The news of a 100mn euro investment by the Greek Sunlight battery company to develop environmentally-friendly lithium-ion battery technology is cause for optimism.

Digital transactions have prevailed everywhere and even Greece's dysfunctional public administration has at long last adopted electronic tools and applications.

Although the market may have been startled by the first wave of the epidemic it was expected and almost certain that there would be a second one.

A key reason for the delayed decline in the number of cases according to some experts on the COVID-19 committee is the continued gatherings of people in others'homes.

In an exclusive interview with in.gr, tanea.gr, and tovima.gr, Professor Gkikas Magiorkinis details the major obstacles that arise in the effort to inform an often distrustful public about COVID-19.

The economic recovery committee headed by Pissarides notes that the sectors of industrial and agricultural products and certain services offer the greatest growth prospects

The main objective is to avoid with every means a possible third wave of the epidemic which would be a death knell for both the Greek economy and society.

Judging by its most recent measures the Greek government in the current second wave of the pandemic has continued implementing a more mild, gradual, and conservative strategy.

Proponents of reforms insist that historically in times of cataclysmic events great changes can offer salvation by equipping countries and mobilising societies.

Greece has already been through a lockdown in the spring and the coming winter with the usual wave of seasonal flu is bound to bring an even greater spread of COVID-19.

At long last the investment climate in Greece is steadily improving. The country is becoming more attractive for investors as international reports  indicate.